753 Lincoln Avenue

$995,900

753 Lincoln Avenue, Holland, MI 49423

For Sale

Retail

Active

Last Updated: 03/19/2025

Details:

Lot Area: 1.12 acres

Year Built: 1968

MlsNumber: 23135012

Baths: 2

Offered by Broker

Ron Webb

Schmidt Realtors

Request Info to Unlock

Highlights:

Annual Tax: $ 22579.16
Water: Municipal Water
Exterior Description: Concrete Block
Roof: Rubber

Description:

Solid tenants & good Income producing retail building which includes Dollar General and Estate Warehouse. 2021 Capital improvements of over $60,000 for a new roof over Estate Warehouse of 10,000 plus sq.ft, New interior furnaces in warehouse / storage area, new A/C condenser & new water heater in Dollar General. Dollar General has been a long term tenant for 20 plus years and just renewed their 3 year option & has over 5 1/2 years remaining with another 3 year option remaining. Dollar General did an interior remodel this spring. Estate warehouse is in its 3rd year and is renewing for another 3 years. Great busy corner with good traffic counts for retail & great tenants to work with. Dollar General pays a NNN lease with prorations for property taxes and insurance Estate warehouse is in its 3rd year and is renewing for another 3 years. Great busy corner with good traffic counts for retail & great tenants to work with. Dollar General pays a NNN lease with prorations for property taxes and insurance. Estate Warehouse pay for their utilities & their portion of snow plowing.